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Realistic Games signs content distribution agreement with Microgaming

George Miller

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Realistic Games signs content distribution agreement with Microgaming
Reading Time: 2 minutes

 

Award-winning casino content provider Realistic Games is to supply its games to operators integrated into Microgaming’s platform.

The Reading-based studio will provide its fellow supplier with a growing portfolio of both three and five-reel slots.

This agreement will expand Realistic’s territorial reach even further while complementing Microgaming’s existing portfolio of popular and successful games in more than 20 regulated markets worldwide.

Robert Lee, Realistic Games’ commercial director, said the agreement would give it access to a host of new markets and casino brands.

He added: “By signing this agreement not only do we add another tier one supplier to our growing list, but it is also a great opportunity for us to increase our customer reach.

“We can offer them a lot of new and different game types and are very confident we will be able to provide their customers with content that players will enjoy.”

James Buchanan, Director of Global Operations at Microgaming, said: “As a content supplier of choice, we are always on the lookout for high-quality games with standout functionality to deliver premium entertainment to our operators.

“We are thrilled to add new content from Realistic Games to complement our diverse portfolio and look forward to taking their games live on our platform.”

 

About Realistic Games:

Based in Reading, Berkshire, Realistic Games is a leading supplier of high-quality, electronic gaming content to some of the world’s most successful operators. Our technologists, designers and modellers have many years of experience in both the land-based and digital gaming markets. We are passionate about the products we create. The team specialise in creating roulette, blackjack, slots, and fixed odds games tailored to a wide variety of devices, including PCs, iPhones, iPads, Android phones and tablets. The games are fully-hosted on our ReGaL games platform and are accessible to customers through a simple integration. ReGaL first went into production for Stan James in April 2011. Subsequent launches followed with BetVictor, Ladbrokes, bet365, Boylesports, Paddy Power, William Hill, Coral, Gala Bingo, Bede Gaming, Gaming Realms, Daub, Betfair, NYX, Rank, Optima, FSB, Leo Vegas, Vera and John, Betsson, GVC, and The Kindred Group.

About Microgaming:

Microgaming developed the first true online casino in 1994. It has been breaking records, breaking new ground and breaking its back in pursuit of original gaming ever since. Developer of thousands of unique, genre-defining casino, mobile, poker, bingo, land-based and multiplayer games, and a pioneer in virtual and wearable gaming, the software giant hosts the world’s largest progressive jackpot network. Its products include Live Dealer, Sportsbook, Business Solutions and Quickfire. Microgaming is an award winner. A millionaire maker. The father of player protection and responsible gaming. And through Microgaming PlayItForward, it is a pillar of its local community on the Isle of Man.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Flutter may have to Sell its Brands to Survive Competition Scrutiny over Stars Group Mega-Merger

Niji Narayan

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Flutter may have to Sell its Brands to Survive Competition Scrutiny over Stars Group Mega-Merger
Reading Time: 1 minute

 

Flutter Entertainment and The Stars Group have announced a £10 billion all-share combination that will create the world’s largest online gaming and sports betting group by revenue, earlier this month. According to the analysts, Flutter Entertainment could be forced to sell its brands, including its flagship one Paddy Power, in order to get competition authorities’ blessing to complete the merger.

According to indie financial services firm Canaccord Genuity, Flutter, whose investors will hold a 55% stake in the combined entity, could be ordered to sell both retail and online brands in order to get approval from UK’s Competition and Markets Authority to complete the deal.

Canaccord Genuity analysts say that the most “logical decision” would be for Flutter to sell Paddy Power’s online and retail business, given the importance of The Stars Group’s presence in lucrative markets such the US sports betting market through its BetStars and Sky Bet brands.

Canaccord Genuity says that the sale of Paddy Power would certainly be an “emotionally difficult decision” as the combined group’s plan is to have its headquarters in Dublin where Paddy Power has been based since its inception in the late 1990s.

According to Morgan Stanley analysts, the combined entity’s online betting revenue will be 50% higher than rival bet365’s and about twice as large as that of GVC Holdings, the owner of Ladbrokes Coral and a plethora of other popular brands.

The combination of the two gambling giants is expected to close in the second half of 2020 pending regulatory approval.

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Caesars and Eldorado Set Date for Shareholders Meetings

Niji Narayan

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Caesars and Eldorado Set Date for Shareholders Meetings
Photo Source: bloomberg.com
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Caesars Entertainment and Eldorado Resorts have announced that they will hold separate shareholder meetings on November 15 to vote on their proposed US$17.3 billion merger.

The meetings will see Caesars shareholders cast their vote at Caesars Palace in Las Vegas from 9 am Pacific Time while Eldorado shareholders will converge on Eldorado Resort in Reno. At stake is one of the biggest corporate gaming industry deals in history, with Eldorado looking to acquire the entire outstanding share capital in Caesars by way of a US$7.2 billion cash payment, 77 million Eldorado common shares and the assumption of Caesars’ outstanding net debt.

If approved, Caesars will merge with Eldorado subsidiary Colt Merger Sub Inc and become a new wholly-owned Eldorado subsidiary existing under the Caesars name.

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Privatisation of FDJ to Begin in November

Niji Narayan

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Privatisation of FDJ to Begin in November
Reading Time: 1 minute

 

Bruno Le Maire, France’s finance minister, has revealed that the subscription period for Française des Jeux’s (FDJ) initial public offering (IPO) will run from November 7–20. The privatisation of FDJ, the leading operator in Europe, in being anticipated as one of the year’s main highlights.

Bruno Le Maire said that French people and investors will have the chance to subscribe to FDJ shares between November 7 and November 20. He added that the state will not fix a limit for the offering, and that retail investors will get one free share for every 10 shares purchased and a 2% discount on the offer price.

The French state currently holds 72% of FDJ, but after the privatisation, it will only have 20% of the company. Government spokeswoman Sibeth Ndiaye said that the ordinance ends the FDJ monopoly to replace it with a limited-term right, set at 25 years and renewable.

“I hope that this privatisation popularly succeeds with the widest participation possible,” Le Maire said. The minister added that the privatisation will allow the company to develop and reach its full potential.

As part of the privatisation, the French government unveiled the creation of the L’autorité nationale des jeux (ANJ), which will replace L’autorité nationale de régulation des jeux en ligne (ARJEL).

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